Dennis Herman

Dennis Herman discloses dealings in Candela Corp /DE/ to SEC (Form 4). Between 3 February 2006 and 5 March 2009, the trades on record add up to 11 filings.

In open-market terms, that means 2 purchases worth €27k on one side and 3 sales worth €1.0M on the other. The net balance comes to €1.0M on the selling side. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Besides market trades, the filings include 6 option exercises. Since January 2009: 2 purchases and no sales on the market.

The newest entry dates from 5 March 2009: an open-market purchase of €82, in Candela Corp /DE/. Filings reach the SEC (Form 4) feed a median of 3 days after the trade. The legal deadline for a Form 4 is two business days after the transaction. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.